Federal Funds Rate Expectations: It’s October 2014 All Over Again
March 30, 2015 at 12:30 PM EDT
In a previous blog post, we expressed the view that a tug-of-war was under way between the market and the Federal Reserve (Fed) surrounding the timing of the first rate hike. After a series of stops and starts, comments from a variety of Fed speakers and a slight pickup in some U.S. economic data,...